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Oil Refining Pumps Market Expansion to be Persistent During 2018 to 2028

Fact.MR, in a recently published report, offers valuable insights related to the key factors that are projected to influence the growth of the Oil Refining Pumps market during the forecast period, 2019-2029. The current market trends, vast growth opportunities in different regional markets, market drivers, and restraining factors are thoroughly analyzed in the report on the Oil Refining Pumps market.

The data enclosed in the report such as the Year-on-Year (Y-o-Y) market growth, supply chain analysis, value chain analysis and more will enable readers to assess the quantitative aspects of the Oil Refining Pumps market with clarity. The presented study is a vital asset for stakeholders, investors, and market players involved in the Oil Refining Pumps market who can leverage the information in the report to develop effective business strategies.

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Key Findings of the Report:

  • Statistical and factual data related to the micro and macro-economic factors expected to impact the growth of the Oil Refining Pumps market
  • Current and projected trends in the Oil Refining Pumps market
  • Growth prospects of the Oil Refining Pumps market in different regions
  • Recent product development and innovations in the Oil Refining Pumps market
  • The projected growth of the key segments of the Oil Refining Pumps market

Oil Refining Pumps Market Segmentation

The report on the Oil Refining Pumps market provides vital analytical insights related to the key market segments including, region, application, and end-use. Further, the report discusses the current and future prospects of each market segment along with informative graphs, tables, and figures.

Segments of the Oil Refining Pumps market assessed in the report:

Competitive Landscape

The competitive landscape in the report on oil refining pumps market provide details on the leading players in the market. This section includes compelling insights on the latest developments, key strategies, new product launches, and focus areas of the major players in the oil refining pumps market. A dashboard view along with the SWOT analysis of companies in the oil refining pumps market is also included in the report.

Key developments in oil refining pumps market by major players,

  • Xylem recently signed a MoU with Ethiopia’s Ministry of water, irrigation, and energy to improve water-security standards by providing additional sewage coverage and water-system optimization services.
  • Grundfos is planning to open its third pump production unit in India by 2020. Meanwhile, the company has already opened a new facility in Florida to serve water and wastewater industry.
  • KSB has added new submersible borehole pumps to its product portfolio. The newly launched pumps are capable of handling flow rate of up to 5000 m³ per hour.
  • Alfa Laval has won two orders to supply pumping systems for oil platforms in North Sea. The combined value of the orders is approximately SEK 175 million. The order includes offshore pumping system for injection of seawater in production wells and for firewater.
  • Gardner Denver Holdings Inc. has acquired DV systems. The acquisition will support the company to expand in Canadian market and leverage the company’s operational, commercial and R&D capabilities.  

For full coverage of the competitive landscape, get in touch with our experts

Definition

Oil refining pumps are used to transfer fluid from one location to another. Various types of oil refining pumps are centrifugal pumps, rotary pumps, and reciprocating pumps. Different types of oil refining pumps are integrated in the refining system for a specific purpose and play an important role in purifying and transporting different fluids.

About the Report

The report on oil refining pumps market provides key insights and forecast on the market. The important factors in the oil refining pumps market influencing the growth are also offered in the report. The objective of the report is to offer authentic information on the oil refining pumps market, enabling the readers to plan business strategies accordingly. The report also focuses on the challenges in the oil refining pumps market and growth opportunities for market participants.

Market Segmentation

The oil refining pumps market is segmented on the basis capacity, product type, application, and pumps characteristics. These major segments are further divided into sub-segments to offer clear picture on the oil refining pumps market.

global oil refining pumps market taxonomy

Based on the capacity, the market is segmented into small (upto 500 gpm), medium (500-1000 gpm), and high (more than 1000 gpm). On the basis of product type, oil refining pumps market is segmented into reciprocating pumps, centrifugal pumps, and rotary pumps.

By application, the oil refining pumps market is segmented into refinery process, water circulating, special purpose, and water/wastewater. Based on pump characteristics, the oil refining market segment includes standard pumps, engineered pumps, and special purpose pump.

Additional Questions Answered

The report on the oil refining pumps market also offers answers to some important questions.

  • What will be the revenue share of centrifugal pumps in the oil refining pumps market?
  • Which region is expected to dominate the oil refining pumps market?
  • Which type of pumps based on capacity will witness highest growth in oil refining pumps market?
  • Which country in APAC will witness significant growth in oil refining pumps market?

Research Methodology

The report on the oil refining pumps market provides critical information on the market with the help of constructive research methodology. The research methodology to gain actionable and valuable insights on the oil refining pumps market includes both primary and secondary research. Interviews were conducted with the oil refining pumps market experts to gain important information on the growth of the oil refining pumps market along with the forecast. The insights garnered in the report are also cross-validated by interactions with industry experts during primary research.

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Important Queries Related to the Oil Refining Pumps Market Addressed in the Report:

  1. Which are the leading companies operating in the Oil Refining Pumps market?
  2. Which regional market is expected to witness the maximum market growth?
  3. What are the various factors likely to impact the growth of the Oil Refining Pumps market during the assessment period?
  4. What strategies are market players adopting to expand their presence in the Oil Refining Pumps market?
  5. How can emerging market players improve their market position in the current landscape of the Oil Refining Pumps market?

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